Such a change currently may signal a transitory stage in which institutions and whales reevaluate their positions in light of altered sentiment toward cryptocurrencies and changing macroeconomic periods.
At the time of writing, BTC was trading at $109,492, showing a nearly 2% drop within the last 24 hours. Despite the fading momentum, its trading volume in the past day has increased by over 36%, indicating a gradual resurgence in bullish bets.